AbstractEquilibrium on Nostr: Every bitcoin transaction can be thought of as *destroying* its inputs and *creating* ...
Every bitcoin transaction can be thought of as *destroying* its inputs and *creating* new outputs that total a lesser amount.
(notice "sats" as a unit weren't necessary to mention)
(notice "sats" as a unit weren't necessary to mention)
quoting nevent1q…cz0mNo, there is no such thing as "a bitcoin" or "a satoshi", in the software, in memory on your computer, or in the protocol. This is actually crucial, and not just semantics. If each satoshi were an actual thing, then they could be traced from inputs to outputs. All that exists is an accounting mechanism of (output measured value - input measured value).